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Showing 1 - 10 of 663 results for %22Life Cover Super%22

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... and/or Total & Permanent Disablement (TPD) cover from another super fund or insurer increase Death and/or TPD cover due to a Life Event have age-based or age-based plus extra (fixed) cover by providing detailed health information to its insurer, TAL ...

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
There is a gap in perception among Australians of life insurance as a crucial component of financial stability, according to an Investment Trends Consumer Insurance Needs report. The report said out of the 20 million adult Australians, 6.7 million have ...

ESG professionals' salary guide revealed

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
Increasing demand for a better work-life balance has seen many ESG professionals looking to make a job switch, the newest Kaizen Recruitment salary guide found. The survey found there were multiple reasons why an ESG professional might be considering ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
... default insurance offering has been improved to provide greater death and total and permanent disablement (TPD) cover at the life stages members most likely need it and less cover when they're younger; "Think of it as a curve that rises and falls according ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... AIA Australia - yet fees the insurer charges differ for the funds. AvSuper warned that members "may pay more for insurance cover in ART". Some examples of difference in cover include AvSuper members who have any amount of unitised death and total and ...

ASFA Retirement Standard hits record high

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
The ASFA Retirement Standard for December quarter 2023 increased to a record high $72,148 per year for couples, and $51,278 for singles. The necessary lump sum for a "comfortable retirement" increased by 3.5% from last year. "Retiree budgets have been ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... government support, in an equitable and sustainable way'. Income from superannuation should be drawn down in retirement to cover health, lifestyle, other living expenses and aged care costs," the report states. "These superannuation trends, combined ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... estimated additional 11,000 individuals would have received TPD benefits amounting to around $1.5 billion annually. "Group life insurance plays a critical role in the superannuation system, providing affordable and cost-effective cover that delivers ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... proposed changes from the Delivering Better Financial Outcomes reforms is expanding superannuation advice. This can include super funds to consider a broader range of a member's personal and household circumstances such as debt, spouse's income ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... to prevent the commission of genocide to Gaza" and "take immediate and effective measures to address adverse conditions to life in the Gaza Strip". Defence stocks tend to rally at the onset of a war. Since Russia's invasion, share prices of Thales ...
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